U.S. Bancorp. (NYSE:USB) At $45.04: Does It Look Expensive?

In recent trading session, U.S. Bancorp. (NYSE:USB) saw 1.97 million shares changing hands at last check today with its beta currently measuring 1.05. Company’s recent per share price level of $45.04 trading at $0.29 or 0.65% at last check today assigns it a market valuation of $70.29B. That most recent trading price of USB’s stock is at a discount of -5.04% from its 52-week high price of $47.31 and is indicating a premium of 32.35% from its 52-week low price of $30.47. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 8.86 million shares which gives us an average trading volume of 8.30 million if we extend that period to 3-months.

For U.S. Bancorp. (USB), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.27. Splitting up the data highlights that, out of 12 analysts covering the stock, 0 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 2 suggested the stock as a Hold whereas 10 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of 0.98 in the current quarter.

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U.S. Bancorp. (NYSE:USB) trade information

Upright in the green today for gaining 0.65%, in the last five days USB remained trading in the red while hitting it’s week-highest on Friday, 09/20/24 when the stock touched $45.04 price level, adding 2.87% to its value on the day. U.S. Bancorp.’s shares saw a change of 4.07% in year-to-date performance and have moved -3.08% in past 5-day. U.S. Bancorp. (NYSE:USB) showed a performance of -1.51% in past 30-days. Number of shares sold short was 17.81 million shares which calculate 2.48 days to cover the short interests.

Wall Street analysts have assigned a consensus price target of 53 to the stock, which implies a rise of 15.02% to its recent value today. Analysts have been projecting 42 as a low price target for the stock while placing it at a high target of 66. It follows that stock’s current price would jump 6.75% in reaching the projected high whereas dropping to the targeted low would mean a gain of 6.75% for stock’s current value.

U.S. Bancorp. (USB) estimates and forecasts

Statistics highlight that U.S. Bancorp. is scoring comparatively lower than the scores of other players of the relevant industry. The company added 2.36% of value to its shares in past 6 months, showing an annual growth rate of -10.44% while that of industry is -3.70. Apart from that, the company came lowering its revenue forecast for fiscal year 2024. This year revenue growth is estimated to fall -2.60% from the last financial year’s standing.

13 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 6.91B for the same. And 13 analysts are in estimates of company making revenue of 6.94B in the next quarter. Company posted 7.02B and 6.85B of sales in current and next quarters respectively a year earlier.

Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of -4.60% during past 5 years. In 2024, company’s earnings growth rate is likely to be around 15.99% while estimates for its earnings growth in next 5 years are of 3.83%.

USB Dividends

U.S. Bancorp. is more likely to be releasing its next quarterly report on 2024-Oct-16 and investors are confident in the company announcing better current-quarter dividends despite the fact that it has been facing issues arising out of mounting debt. With an annual yield of 4.33%, the share has a forward dividend of 1.95 which implies that company’s dividend yield remained growing in trailing twelve months while having a 5 year average dividend yield of 4.04%.

U.S. Bancorp. (NYSE:USB)’s Major holders

Insiders are in possession of 0.13% of company’s total shares while institution are holding 79.44 percent of that, with stock having share float percentage of 79.54%. Investors also watch the number of corporate investors in a company very closely, which is 79.44% institutions for U.S. Bancorp. that are currently holding shares of the company. VANGUARD GROUP INC is the top institutional holder at USB for having 135.59 million shares of worth $5.38 billion. And as of 2024-06-30, it was holding 8.697 of the company’s outstanding shares.

The second largest institutional holder is BLACKROCK INC., which was holding about 110.54 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.0906 of outstanding shares, having a total worth of $4.39 billion.